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Public procurement and innovation for human-centered artificial intelligence
Naudé, Wim; Dimitri, Nicola - 2021
we contribute to the debate on HCAI by arguing that public procurement and innovation (PPaI) can be used to incentivize … HCAI. We dissect the literature on PPaI and HCAI and provide a simple theoretical model to show that procurement of … argument in favor of PPaI for HCAI is also an argument for the more innovative use of public procurement, and is consistent …
Persistent link: https://www.econbiz.de/10012405740
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Building political collusion : evidence from procurement auctions
Coviello, Decio; Gagliarducci, Stefano - 2010
connections at the expense of higher procurement costs. -- Procurement auction ; collusion ; public works ; time in office …We investigate the relationship between the time politicians stay in office and the functioning of public procurement …. To this purpose, we collect a data set on the Italian municipal governments and all the procurement auctions they …
Persistent link: https://www.econbiz.de/10003962924
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Opening up military innovation: causal effects of "bottom-up" reforms to U.S. defense research
Howell, Sabrina T.; Rathje, Jason; Van Reenen, John; … - 2021
When investing in research and development (R&D), institutions must decide whether to take a top-down approach - soliciting a particular technology - or a bottom-up approach in which innovators suggest ideas. This paper examines a reform to the U.S. Air Force Small Business Innovation Research...
Persistent link: https://www.econbiz.de/10012517156
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How big is small? : the economic effects of access to small business subsidies
Brown, J. David; Denes, Matthew; Duchin, Ran; Hackney, John - 2024
government procurement contracts from smaller to larger firms. Consequently, industries become more concentrated and growth …
Persistent link: https://www.econbiz.de/10014580134
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Competing with asking prices
Lester, Benjamin; Visschers, Ludo; Wolthoff, Ronald - 2013
In many markets, sellers advertise their good with an asking price. This is a price at which the seller is willing to take his good off the market and trade immediately, though it is understood that a buyer can submit an offer below the asking price and that this offer may be accepted if the...
Persistent link: https://www.econbiz.de/10009696885
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Meeting technologies and optimal trading mechanisms in competitive search markets
Lester, Benjamin; Visschers, Ludo; Wolthoff, Ronald - 2014
. In our environment, sellers achieve this by posting an auction with a reserve price equal to their own valuation, along …
Persistent link: https://www.econbiz.de/10010387737
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Search frictions, competing mechanisms and optimal market segmentation
Cai, Xiaoming; Gautier, Pieter; Wolthoff, Ronald - 2016
In a market in which sellers compete for heterogeneous buyers by posting mechanisms, we analyze how the properties of the meeting technology affect the allocation of buyers to sellers. We show that a separate submarket for each type of buyer is the efficient outcome if and only if meetings are...
Persistent link: https://www.econbiz.de/10011476548
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The impact of scoring weights on price and quality outcomes : an application to the procurement of welfare-to-work contracts
Koning, Pierre; Meerendonk, Arthur van de - 2012
This paper assesses the effects of changes in scoring weights in auctions, using a unique sample of biddings of private Welfare-to-Work (WTW) organizations to reintegrate groups of unemployed and disabled workers. WTW-organizations did not only bid on prices, but also received points for three...
Persistent link: https://www.econbiz.de/10009683192
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"Buy-It-Now" or "Sell-It-Now" auctions : effects of changing bargaining power in sequential trading mechanisms
Grebe, Tim; Ivanova-Stenzel, Radosveta; Kröger, Sabine - 2015
at a fixed price before an auction. In the "Buy-It-Now" format, the seller has the bargaining power and offers a price … prior to the auction; whereas in the "Sell-It-Now" format, it is the buyer. Both formats are extensively used in online and … auction. …
Persistent link: https://www.econbiz.de/10011407823
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Paintings and numbers : an econometric investigation of sales rates, prices and returns in Latin American art auctions
Campos, Nauro (contributor);  … - 2008
in predicting whether or not an artwork sells at auction, (3) there is little supporting evidence for the widespread …
Persistent link: https://www.econbiz.de/10003688791